FAA Distributes $9.1B in Airport Grants; Formula Disproportionately Benefits Airports With Heavy Debt or Reserves

ISSUE / Week of April 13, 2020

  • April 16,2020 |

    FAA Distributes $9.1B in Airport Grants; Formula Disproportionately Benefits Airports With Heavy Debt or Reserves

    Airports,FY20
    This week, the Federal Aviation Administration announced the allocation of $9.14 billion of the $10 billion CARES Act airport grant program to some 3,285 individual airport recipients. "This $10...
  • April 17,2020 |

    FY21 Transportation-HUD Budget Situation Improves By $3.25 Billion

    Appropriations,FY21
    As everyone in Congress was preoccupied with coronavirus, the Congressional Budget Office issued two reports in March that are normally used to get the annual appropriations process going. They...
U.S. Gasoline Production Down 40% Since Onset of Lockdowns
Fuel tax,Highway Trust Fund

U.S. Gasoline Production Down 40% Since Onset of Lockdowns

Data from the U.S. Energy Information Administration indicates that U.S. production of gasoline has dropped by about 40 percent since travel restrictions and business closures related to the...

CBO Says Coronavirus Response Enacted So Far Will Provide $2.8 Trillion
Airlines,Appropriations,FY20

CBO Says Coronavirus Response Enacted So Far Will Provide $2.8 Trillion

Today, almost three weeks after the mammoth "CARES Act" (the third legislative installment of coronavirus response) was signed into law, the Congressional Budget Office released its preliminary cost...

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